CNN Money's Maribel Aber has the latest business and financial news for Wednesday, June 4.
NEW YORK, NY (CNN) - CNN Money's Maribel Aber has the latest business and financial news for Wednesday, June 4.
First Federal Bancshares of Arkansas Inc. of Harrison is now Bear State Financial Inc. The name change approved by shareholders on March 21 became effective Tuesday. The company's ticker symbol on the Nasdaq Global Market is now BSF. The change has no effect on the outstanding common stock certificates. Also included in the amended articles of incorporation approved by shareholders in March is an increase in the number of authorized shares from 30 million to 100 million. The name change comes ahead of the company's annual shareholders' meeting, set for 11 a.m. June 27 in Little Rock, according to a proxy statement filed Thursday.
Wal-Mart Stores workers and union organizers say they will hold strikes in more than 20 cities Wednesday in their campaign to raise wages. The job actions are timed in conjunction with Wal-Mart' (WMT)s annual shareholder meeting, which takes place Friday in Fayetteville, Ark., near the company's Bentonville headquarters. OUR Wal-mart, a group backed by the United Food and Commercial Workers Union, helped orchestrate a candlelight vigil Monday night outside the Phoenix home of Rob Walton, Wal-Mart's board chairman.
Google is working on the ultimate security and privacy feature. It's called "End-to-End" encryption, and it's the best way to stop anyone from snooping on your emails. Google would turn your emails into jumbled code, and the only person who can see the email in plain text is the trusted person on the other end. Hackers don't stand a chance. In fact, neither does the National Security Agency. It's the kind of encryption ex-NSA contractor Edward Snowden used to communicate with journalists before he went public last year with damning documents proving the extent of U.S. government surveillance. It's what spies use -- it's that good.
Hockey is nowhere near as popular as pro football in the U.S. But love for the New York Rangers -- and 20 years of frustration -- have sent ticket resale prices for this year's Stanley Cup Playoffs into Super Bowl territory. For game three against the Los Angeles Kings, which will be the first game held at Manhattan's Madison Square Garden in the best-of-seven series, the average ticket resale price is $2,363, according to TiqIQ.com, which tracks ticket prices. The most expensive ticket on SeatGeek costs $8,600, marked up from its $2,490 initial price.